the thing is even in a downturn these companies don't go down that much. I can remember when COVID hit I was hoping I might be able to get CSL cheap but it never dropped that much. the stocks that were really smashed were stocks like after pay, NXT, audinate ... all companies had no earnings and nothing to support the price. anything that was profitable seemed not to fall that much. Indexes are full of unprofitable companies and all of MFG's funds are full of profitable companies even if FUM contract, what might save MFG is the fact that the company will outperform the index. anyway it will be fascinating to see what happens to MFG should this fall in of 3% today turn into a correction in following weeks
MFG Price at posting:
$20.40 Sentiment: Hold Disclosure: Held
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